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Total Estimated Funds $ 2,550,000 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to <br /> year until fully expended or the purpose has been accomplished or abandoned without <br /> the necessity of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate of <br /> interest and obtain temporary financing to satisfy interim construction costs. Temporary <br /> financing shall be redeemed as soon as reimbursement is received. <br /> Section 6: Severability. <br /> If any provision of this ordinance shall be declared unconstitutional or invalid by any court of <br /> competent jurisdiction, it shall be conclusively presumed that this ordinance would have been <br /> enacted without the provision so held unconstitutional or invalid and the remainder of this <br /> ordinance shall not be affected as a result of said part being unconstitutional or invalid. <br /> -' <br /> 4 <br /> CASSIE FRANKLIN, Mayor <br /> ATT 'T: <br /> 11, <br /> i <br /> CITY CLERK <br /> Passed: 10/09/2019 <br /> Valid: 10/18/2019 <br /> Published: 10/22/2019 <br /> Effective: 11/02/2019 <br /> In -ORDINANCE Page 2 of 2 <br />